Gloucestershire-based Richard Read (Transport) is to close its transport business at the end of the month because it can no longer see a way to run it profitably. In a post on Facebook the haulier said: “It is with a heavy heart we announce that Richard Read (Transport) is to cease trading. “During the last 18 months we have made valiant efforts to restructure the business and focus attentions on our core activities of transport and pallet network services. “We […]
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
Fortec has launched a corporate division as it looks to expand its reach with larger, national customers and attract more “blue-chip” clients to the network. The Daventry-based pallet network says the new division was necessary as national and international accounts often require too much funding upfront for individual network members to be able to take on. Neil Hodgson, Fortec MD, says: “This type of business is beyond [most members’] reach in terms of financial risk and scale. However, through bringing […]